The price of (Gold) declined in its last intraday trading, amid the dominance of the bearish correctional trend on the short- term basis and its trading alongside a bias line, this decline came after recovering some of the previous losses, by series of cautious rises that made the (RSI) indicators entered the overbought levels, which suggest the beginning of a negative divergence from them, with the emergence of negative overlapping signals that intensify the negative pressure around the price.

The price of (EURUSD) attempted to gain positive momentum in its recent intraday trading, which might assist it to recover and rise again, and succeeded in offloading its overbought condition on the (RSI), despite these temporary declines it remains stable above the critical resistance at 1.1600, which confirms breaching this resistance technically amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

Despite the stability of the GBPAUD price within the main bullish channel’s levels, its repeated fluctuations below the extra resistance at 2.1040 decelerates its bullish attempts, which forces it to provide new sideways fluctuation by its stability near 2.0960, while the unionism of providing positive momentum by the main indicators makes us monitor the price behavior until achieving the required breach, to ease the mission of targeting the positive stations near 2.1090 and 2.1140.

The risk of changing the bullish trend in the current trading by reaching below 2.0870 level and providing negative close, which increase the chances for forming new bearish correctional trading, which forces it to suffer 

The expected trading range for today is between 2.9030 and 2.1090

Trend forecast: Bullish

Natural gas price ended the bearish correctional attack by facing the moving average 55, which supports the stability of the extra support at $3.580, to begin forming some bullish waves and holding near $3.710.

The price might be forced to form more of the mixed trading until gathering the required extra positive momentum to reinforce the efficiency of the bullish track, which  might target $3.830 and $3.950 level.

The expected trading range for today is between $3.630 and $3.830

Trend forecast: Bullish